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Tempur-Pedic International Crosses Above its 10-day MA (TPX)

By Amy Schwartz

Tempur-Pedic International (NYSE:TPX) shares have crossed bullishly above their 10-day moving average of $55.27 on a volume of 197K shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

In the past 52 weeks, Tempur-Pedic International share prices have been bracketed by a low of $50.80 and a high of $82.61 and are now at $56.35, 11% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.5% while the 200-day MA has slid 0.3%.

SmarTrend is monitoring the recent change of momentum in Tempur-Pedic International. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Tempur-Pedic International in search of a potential trend change.

Keywords: moving crosses tempur-pedic international

Ticker(s): TPX